The UK economy is struggling - and people are feeling it in their pockets, as wages fail to keep up with rising prices. The International Monetary Fund (IMF) predicts the UK economy will shrink this year while every other major economy will grow. The Bank of England also forecasts a recession in the UK in 2023 - albeit one that is shorter and less severe than previously forecast. Perhaps it's not surprising the outlook is bleak given the pandemic, the war in Ukraine, and soaring costs of both energy and food. But why is the UK seemingly faring worse than other rich countries such as the US, Germany and France? sexygaming